Ladakh UT issues first Tourism Incentive Policy

Excelsior Correspondent

KARGIL, Nov 29: Department of Tourism UT Ladakh has issued UT Ladakh’s first Tourism Incentive Policy.
According to the Commissioner Secretary Tourism and Culture Ladakh Rigzin Samphel, the Tourism Incentive Policy is a forward looking and liberal Incentive Policy with stress on ensuring equitable and sustainable development of all regions of Ladakh.
He laid special emphasis on the new Capital Outright Investment Subsidy which aspires to promote concept of small and beautiful fixed assets in Ladakh based on local tradition and architecture.
As per the Department of Tourism Ladakh, there is an urgent need to give emphasis on promotion of tourism assets in remote and virgin tourist destinations of Ladakh. Any investment made in such assets should be of a value which will have low gestation period. Therefore, instead of large Hotels and Guest Houses, the incentive policy aims at the overarching principal of small and sustainable tourism assets.
According to the Commissioner Secretary Tourism and Culture, another highlight of the Incentive Scheme is the “Ladakh Tangible Cultural Heritage Conservation Fund and as per the Incentive Policy, Ladakh has a rich collection of Historic and Heritage sites such as Forts and Old Heritage buildings spread all across the districts of Leh and Kargil.
Only the listed sites would qualify for the work of restoration and conservation. In case of the site being a private property the ownership would be certified by the Revenue Department (Tehsildar).
Further, the Tourism Incentive Policy has a scheme to “Support for Adventure/Recreation Tourism” and a subsidy up to 20 per cent of the cost of 50 types of equipments in Mountaineering and Trekking.
One of the other highlight of the Incentive Scheme is the training of personnel in Tourism Industry, which will be conducted with the prior approval of the Director of Tourism, Ladakh.
Further details regarding Tourism Incentive Policy can be had from the office of the Director Tourism Ladakh Kargil or the Assistant Director Tourism Leh/Kargil during office hours.